Salvatore Ferragamo reported first-half 2025 revenue of 474 million euros ($556 million), down 9.4% YoY at current exchange rates, largely due to weakness in wholesale channels. Adjusted net profit fell to a loss of 16 million euros ($18.8 million), compared to a 6 million euro profit a year earlier. Sales declined across most product categories, with footwear down 13.3% to 202 million euros ($237.0 million), leather goods down 0.2% to 199 million euros ($233.5 million), apparel down 8.6%, and accessories down 6.1%. Regionally, sales dropped 16.3% in Asia-Pacific, 8.6% in Europe, and 4.9% in Japan.